3 ms·
The value of money is always changing. Therefore 1% and 100% annual inflation are nothing to worry about, just natural variability.
by labster 6y ago
The value of money is always changing. Therefore 1% and 100% annual inflation are nothing to worry about, just natural variability.
- anonytrary 6y agoChanges to inflation result in potentially sharp transitions, which creates an implied uncertainty about a future outcome. By definition, climate is not characterized by sharp transitions; it is very slow on a human timescale. The argument "against climate change" is more so an argument against immediate action. It's a silly argument since prepping for climate change involves R&D into ultimately more profitable energy solutions, like nuclear, electric, solar, etc. People are deterred by the cost of change.